MANILA - Several property developers have approached the Philippine Stock Exchange (PSE) for a possible joint venture involving the construction of the bourse's long-delayed unified headquarters in the posh Bonifacio Global City.

In an interview, PSE director and building committee head Ismael Cruz said they have been approached by 2 to 3 companies interested in undertaking the project but he noted there was no definitive offer yet.

The Ayala Group, which took over the development of the Bonifacio Global City from the Metro Pacific group in 2002, had requested to defer the construction of the PSE headquarters due to the slump in the high-end property market.

The exchange is currently trading in two separate locations, in Ortigas and in Makati.

Cruz said the Ayala Group has offered the PSE a bigger property in Fort Bonifacio to house its unified trading floor. This was presented during the exchange's annual stockholders' meeting in May.

"They’re proposing a new site just across the street in Fifth Avenue. We have the option to build it ourselves," he said.

The property offered by Ayala is about 5,700 square meters, bigger than the old lot which was about 2,000 square meters.

Cruz said they are looking to put up a 12-story building that could be finished in at least 3 years after ground-breaking.